Voya Financial

Leave Management Compliance Consultant

United States

Not SpecifiedCompensation
Junior (1 to 2 years)Experience Level
Full TimeJob Type
UnknownVisa
Financial ServicesIndustries

Position Overview

  • Location Type: [Not Specified]
  • Employment Type: Full time
  • Salary: [Not Specified]
  • Brief Description: This position will act as a trusted advisor to help grow and provide compliance support for Leave Management, Disability, ADA, Paid Family Medical Leave and related service offerings. The individual in this role will provide guidance and ongoing support internally to the Health Solutions business to ensure our Voya Leave Management offering remains current, compliant and can be effectively supported for our clients. This role will be a key contributor to support the long-term direction of Voya’s Statutory Disability and Paid Family Leave offering in market.

Requirements

  • Compliance support for Paid Family Leave (PFL)/Paid Family Medical Leave (PFML) private plans and Statutory Disability plans (self-insured and fully-insured).
  • Identification of requirements related to leave laws and regulations.
  • Drafting guidance for employer clients seeking private plan approval.
  • Assistance in drafting plan documents/templates.
  • Support for plan filing (as applicable).
  • Drafting/maintaining templates for state required notices.
  • Support for plan renewal requirements.
  • Ensuring state reporting requirements are implemented and maintained.
  • Monitoring and communicating changes in the market (regulations, leave laws, employer trends).
  • Informing product opportunities and collaborating with product & marketing.

Responsibilities

  • Providing consultation regarding implementation and application of various state leave laws to internal Voya teams and/or directly with employer customers.
  • Representing Voya at industry events and conferences to network with consulting peers.
  • Supporting the long-term direction of Voya’s Statutory Disability and Paid Family Leave offering.
  • Ensuring Voya’s Leave Management offering remains current, compliant, and effectively supported for clients.

Application Instructions

  • [Not Specified]

Company Information

  • Company: Voya
  • Purpose: To fight for everyone’s opportunity for a better financial future.
  • Culture: A work environment where differences are understood, valued, and intentionally pursued. Employees own the culture and foster an environment where everyone feels comfortable bringing their whole selves to work.

Skills

Leave Law Compliance
Regulation Monitoring
Plan Documentation
State Reporting
Client Consultation
Market Trend Analysis
Industry Networking

Voya Financial

Provides financial services and retirement solutions

About Voya Financial

Voya Financial offers a range of financial services, including retirement plans, investment management, and insurance products, to help individuals and businesses achieve financial wellness. Their services cater to individuals seeking retirement planning, employers looking to enhance employee benefits, and institutions needing tailored investment management. Voya stands out from competitors through its commitment to inclusiveness and corporate responsibility, which helps attract clients and talent. The company's goal is to build long-term relationships with clients, ensuring they achieve financial confidence and a fulfilling life.

New York City, New YorkHeadquarters
2014Year Founded
IPOCompany Stage
Fintech, Financial ServicesIndustries
5,001-10,000Employees

Benefits

Health Savings Account (HSA)
Flexible Spending Accounts (FSA)
Rally wellness program
Employee Assistance Program (EAP) and Work Life Services
Behavioral Health Family Support Program
Livongo support for diabetes, hypertension, and weight management
AccessHope cancer support
Wellthy caregiving assistance
Back-up child care and elder care
Health Advocate
ABLE accounts
Legal insurance
Identity theft protection
Voya Foundation Matching Gift Program

Risks

Increased competition from fintech companies may erode Voya's market share.
Operational challenges in integrating OneAmerica's business could affect service quality.
Regulatory scrutiny on fees may impact Voya's pricing strategies and profitability.

Differentiation

Voya's commitment to inclusiveness and corporate responsibility sets it apart in the market.
The acquisition of OneAmerica's retirement plan business expands Voya's client base significantly.
Voya's focus on digital financial planning tools enhances client engagement and satisfaction.

Upsides

Voya's ESG commitment aligns with the growing investor focus on sustainable investing.
The financial wellness market's growth offers significant opportunities for Voya's programs.
AI integration in investment management can enhance Voya's strategies and client outcomes.

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